(RTTNews) – After recovering from an early sell-off in the previous session, stocks showed a substantial move back to the downside during trading on Tuesday. The tech-heavy Nasdaq led the way lower, plunging to its lowest closing level in over a year, while the Dow and the S&P 500 tumbled to one-month closing lows. The major averages fell to new lows for the day going into the close of trading. The Dow dove 809.28 points or 2.4 percent to 33,240.19, the Nasdaq plummeted 514.11 points or 4 percent to 12,490.